US Declines USMCA Renewal at July 1 Joint Review, Agreement Remains in Force

At the mandatory July 1, 2026 USMCA Free Trade Commission joint review, the United States declined to renew the agreement in its current form, leaving the USMCA's future status uncertain. The decision triggers a six-year renegotiation window under the agreement's sunset clause and creates immediate uncertainty for preferential tariff treatment across US-Mexico-Canada trade.